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May 22, 2014 – Bangalore Aviation

Daily Archives: May 22, 2014

Etihad received over $3 billion in secret funding from royal family: news report

May 22, 2014 1

Etihad Airways Boeing 777-300ER A6-ETK London Heathrow

As per a report in the Australian newspaper Sydney Morning Herald, Abu-Dhabi based Etihad Airways PJSC received massive financial support from the royal family ruling Abu Dhabi which also owns the airline via the state. This contradicts long standing denials. Fairfax Media has obtained confidential documents, prepared for potential financiers, showing the airline had access to over $3 billion (Rs.18,000 …

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